RE: Question?28 Feb 2021 17:42
CBX is an aim share in infancy stages with high risks, if you don't realise that yet, you may be burnt. The point I was making unless your IPO allocation amount was worth tens of thousands ( which most on here wasn't), the return is only ball park £1,700 then minus any 20% CGT if you havn't maxed out your annual allowance already £12,300 this tax year. No one could get these IPO shares straight into an isa account. So agree £1,700 minus taxes is a great gain for 1 day, but a drop in the ocean if people are really keen to make money being investors.
I'm not judging anyone who cashes out (profit amount is all subjective to different people), but my point is that there is much bigger pot in the longer term if people have patience. Investing takes time , I don't day trade hence I'm holding these and topping up more when I feel is right for me.
I personally want to see long term 300% on a much bigger holding like £25k+ rather than only based upon £570 initial IPO investment.
Peter Wall is an incredibly smart business man with regular communications, so I am positive we have a strong team to make us all wealthy just like anyone whos into ARB.
I won't deramp and trash a share I'm invested in just to scare investors to sell, like I've read on this board . Nothing wrong with healthy debate but pure de-ramping means no faith in this investment hence why not cash out and move on, not still stay on this BB?
Let's wait until the dust settles next week when all sellers are gone, then baseline what is the accurate SP and take it from there. Steady rises are good for a growing company , and plenty of opportunity to buy more shares.
GLA
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